Month: April 2018

For those not immersed in bitcoin's byzantine politics, it might seem strange to see Ragnar Lifthrasir, a self-described "passionate advocate for bitcoin," wish incarceration on an early adopter and fervent evangelist the community once called "Bitcoin Jesus." But Lifthrasir isn't alone in his desire to lock …Google Alert – bitcoin

Bitcoin Bulls Regain Upper Hand With Crypto Rally … Bitcoin diehards are breathing a sigh of relief as April winds down. … Bitcoin is largely driven by psychology, said Ross, and its ability to break out of its four-month downtrend and reclaim the 50-day moving average are going to be part of the repair …Google Alert – bitcoin

Shares of Square fell Monday after noted short-seller Andrew Left's Citron Research said excitement over the payments processor's bitcoin trading product was overdone. The stock briefly lost 3.8 percent to $ 45.76 a share before recovering some of its losses. Square is a "collection of yawn businesses," …Google Alert – bitcoin

Bitcoin.com is facing a lawsuit from over 1,000 people for “fraud,” according to Bitcoinist.com. Bitcoin.com is a domain which both reports cryptocurrency news (with an emphasis on Bitcoin and Bitcoin Cash) and offers a cryptocurrency wallet. Its website claims that more than 2.2 million wallets have been …Google Alert – bitcoin

Bitcoin is rising in more ways than one. On Monday, as the cryptocurrency reached a price of $ 9,295 to reverse previous declines, cryptocurrency mining firm Miner One launched a rig into space to harvest new coins from the depths of the stratosphere — a not-too-subtle nod to the community term that a …Google Alert – bitcoin

The fewer Bitcoin there are left to be mined, the harder the mining process becomes. In fact, it's believed that the final Bitcoin will be mined in 2140 − more than a century from now. To put that into context, it's taken just over nine years to mine the first 17 million Bitcoin. This scarcity is widely expected to …Google Alert – bitcoin

"Oracle of Omaha" Warren Buffett, whose aphorisms and advice many investors take as gospel, has laid into bitcoin, saying it's a gamble, not an investment. The Berkshire Hathaway chairman and CEO – and the world's third-wealthiest person, according to Forbes – has long been skeptical of bitcoin.Google Alert – bitcoin